Everton Football Club has confirmed that the proposed takeover by 777 Partners has collapsed following the expiration of the purchase agreement on June 1. The club, currently owned by Farhad Moshiri, is now free to pursue alternative investment avenues. Everton released a statement to update stakeholders and supporters, stating they will assess all options for the club's future ownership. This development leaves the club in a precarious financial situation, with concerns about its stability and future ownership. The agreement between 777 Partners, a US private equity firm, and Blue Heaven Holdings Limited for the sale and purchase of the majority shareholding in the club has officially expired.
Everton assessing future options after 777 takeover collapses https://t.co/9opCWP9wk6
🆕They've missed the deadline - but 777 Partners bid to take charge at Everton isn't over! Farhad Moshiri feels an obligation to keep working with the Miami-based company after they pumped a loan of £200million into the club last season. https://t.co/bl4SIvcK39 https://t.co/Y40yjNI03S
Everton assessing 'all options' after 777 Partners’ proposed takeover falls through https://t.co/QiAUBngDQf
The takeover bid for Everton by 777 has collapsed, prompting the club to seek new offers. #Everton #TakeoverBid #777 #FootballNews
777's deal to add Everton FC to its portfolio of football clubs has collapsed after a deadline passed on Saturday https://t.co/2bDOk3bscz
777 deal to buy Everton Football Club collapses https://t.co/P5caeNVW4Y
Everton confirm 777 Partners' proposed takeover has collapsed... as the club's sale purchase agreement with the US investment firm expires https://t.co/TWeTxUs5cL https://t.co/2O74J00OPr
Everton assessing ‘all options’ after proposed 777 takeover falls through https://t.co/ICu74cytI6
The deadline for the sale of Everton to 777 Partners has expired. https://t.co/Vmmo1u0FFT
Everton search for new ownership after 777 deal collapses https://t.co/Zd8OuYc5d1 https://t.co/ttitFaBVX4
Everton’s prospective owner, 777 Partners, have missed its latest deadline to buy the Premier League club 👇
Everton takeover: And so ends another complicated chapter in the club’s modern history as 777 Partners’ protracted bid comes to an end. Latest ⬇️ https://t.co/yUZhlgOrrd https://t.co/yUZhlgOrrd
Moshiri's deal to sell Everton to 777 Partners (predictably) collapses. Everton now looking for a new buyer: https://t.co/sMjXieeN9W
Everton say they will "assess all options for future ownership". #BBCFootball https://t.co/mEP0B10Pja
Everton ‘assess all options’ after proposed 777 takeover falls through https://t.co/7EdtMJsA9Y
Everton takeover by US private equity firm falls through https://t.co/CHzS3rMrMz https://t.co/TKfjBtiQsT
🔺 NEW: Everton have confirmed 777 Partners’ proposed takeover of the club has ended, leaving owner Farhad Moshiri seeking to advance talks with fresh suitors. Read more ⬇️ https://t.co/gk89iR546j
Everton are assessing “all options for the club’s future ownership” after 777 Partners’ proposed takeover fell through https://t.co/DYfKx2oLeq
Everton / 777 takeover deal collapses https://t.co/vJZR009t5H
Everton 'assessing options' as 777 miss takeover deadline https://t.co/kOoaneWhD8
Everton's search for proper owners continues. Dodged a bullet here. "The agreement between 777 Partners and Blue Heaven Holdings Limited for the sale and purchase of the majority shareholding in the Club expired today." #EFC https://t.co/nYiSuLRJGM
BREAKING: Everton confirm takeover has COLLAPSED leaving club on the brink of going bust https://t.co/PkXAxUE4oV https://t.co/Nwh3UGDfmU
Everton's stance on 'transfer fire sale' after 777 Partners takeover deadline passes https://t.co/jd6AlCUeA5 https://t.co/ZrT9Wre92G
🔵 #EFC have released the following statement: “Everton Football Club would like to provide the following update to all stakeholders, and particularly its supporters. “The agreement between 777 Partners and Blue Heaven Holdings Limited for the sale and purchase of the majority… https://t.co/OUlr23oPGc
Everton have confirmed 777 Partners’ proposed takeover has fallen through following the expiry of the purchase agreement. The club say they will "assess all options for the club’s future ownership." More from @Paddy_Boyland ⤵️ https://t.co/vfVZEnjtcb
NEW: Everton confirm takeover agreement with 777 has now expired, with club/Moshiri now free to pursue alternative investment avenues Details + analysis of what comes next on @TheAthleticFC now https://t.co/VPc4eclr2T
Farhad Moshiri is now officially in a position to commence talks with interested parties for Everton Football Club after 777 Partners confirm the share purchase agreement deadline will be missed 🔵 https://t.co/kgvkwY6XEe
Everton can talk to new buyers with 777 Partners set to miss latest deadline https://t.co/YCC2tR183L
Farhad Moshiri will seek to advance talks with other parties if a deadline imposed on 777 Partners passes without the embattled US firm being able to buy Everton. Read more ⬇️ https://t.co/dy7u9I6pRl
Crystal Palace part-owner John Textor is now believed to be the front-runner to buy Farhad Moshiri’s majority sharehold in Everton, and is trying to sell his stake in Crystal Palace 😮💭 777 Partners proposed acquisition of Everton is unlikely to happen 🖋 https://t.co/w056GFjbn9